China yuan no threat to dollar dominance: Prasad

Wednesday, April 02, 2014 - 03:57

April 3 - China's yuan currency may be on the road to liberalization, but political realities will prevent it from becoming a top global reserve currency, says the Brookings Institution's Eswar Prasad.

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: